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to reunite with its owner. >> new warning of energy drinks and what they could to do your >> welcome back, this morning police are looking for the owner of a bag of jewelry found in fremont. these are pictures of the jewelry found in a bag. a maintenance worker found the bag in the bushes yesterday morning. many of the items still have the price tags attached. if some of this belongs to you, contact the fremont police department. >> this morning, another reminder for people who park at meters on sundays in san francisco. it is no longer free according to the "san francisco chronicle", officers issued almost 1,800 tickets last sunday the first day the new rule was enforced. agree parking ended last month. tickets are $72 downtown and $62 in other areas of the city. the rules will generate an additional $2 million in revenue for the city. >> chilly start to this friday morning. >> will we warm up? mike nicco? >> we will look at our forecast, we will start this morning, 35 to 45 and more fog, and thicker than it was yesterday. we will have haze but don't worry about the air quality, it will
oamerica's den oil could be numbered. >> reporter: the u.s. has discover energy than it thought it had. some talk about north american energy independence. >> we could make opec n0pec. the reason, advances in technology such as fracking, horizohorizontal drilling and or improvements which increase natural gas production by 27% in just four years, making the u.s. number one in gas with oil on its way. >> we're talking decades, if not into the hundreds of years of supply in north america. >> it's been estimated by the energy information agency that we could be the number one oil producer in the world by 2020, surpassing saudi arabia, so this is a big deal. it's a game-changing opportunity, and it's of historic proportions. >> reporter: even though who share the administration desire to reduce the use the petro chemicals acknowledge projections that the u.s. will produce one-third more of its own oil by 2020. 1 analyst said self reliance must include alternatives such as wind, solar, and more. >> we can reduce our dependence on foreign oil by shifting to electric vehicles and investing in
's louisiana, home of the super bowl, and more important, the energy sector. so far in 2013, it's the leader, it's up 8%. sure, oil's increased in price this year, but that's not what's really behind the energy move. no, it's the astounding renaissance of the american oil industry. where we keep finding more and more oil and gas, and the companies doing the findings keep going higher and higher in price. just think about what core labs, the company with the technology behind finding so much new oil in old places said last night, last night right here when it detailed its quarter. a quarter that by the way drove the stock up $10.44 to finish today, core told us there could be not one, but two gigantic oil fields in this country we don't even know about, the size of the bakken and eagle ford, the two shales that have made the pipe dream of north american energy self-sufficiency into a reality that we could see in just a couple years time. could you imagine? i think america's oil and gas industry is in the early innings of the second game of the double-header. first game being spindle top. and
vitamins, which help convert food to energy, and help mike do manly things, like wrestle bears and take out the garbage. one a day vitacraves for men. but kate -- still looks like...kate. nice'n easy with colorblend technology gives expert highlights and lowlights. for color that's true to you. i don't know how she does it. with nice'n easy, all they see is you. >>> tonight we're circling back to cramer fave starwood, hot. one of the best managed hotel names out there. we kicked off earning for the group. you may not have heard of starwood but you definitely heard of their brand, st. regis, luxury collection, "w" hotel, westin, sheraton, meridian. they have 1,134 properties in nearly 100 countries. they reported, it's no surprise that the terrific company beat earnings estimates by 5 cents and topped the revenue estimates. the revenue per available room, the key metric was up 4.1% worldwide. that's fantastic. the company of course gave inside guidance for next quarter. let's check in with the president and the ceo of starwood, find out more about the quarter and where the company is headed.
. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >> on the day we found out dell is taking itself private, it is worth remembering that 15 years ago, dell was among the hottest tech stocks out there. these days you don't want to hear about dell. if it goes public again, it will be more styling with the times. when it comes to tech, you want to hear about the companies that represent the future not the past. stocks with momentum. tonight, we are going off the charts with the help of bob lyon, doing well for us. the founder and senior strategist and my colleague at thestreet.com. he works with me on the realmoney.com pay site. the four names are fang. fang. fang for short. these are the stocks that seem to be moving higher of late. what is fang? facebook, amazon netflix and google. they all take major bites out of the bears. fang was also the dog on "get smart." as we approach one of the most important days of the year for the stock market, my birthday. if you
center for energy this was pretty hot halftime show. this happened after that. do you think beyonce had anything to do with this in your expert opinion? >> well it is hard to tell right now. very well could have. i guess we'll have to look at the sequence of events to see when the power outage actually occurred and when the show actually ended and how much stress anything from that show may have put on the electrical infrastructure within the super boehm but right now there really isn't enough evidence to suggest either way that it was caused by the electrical stresses from that show or not. >> there was a lot of energy, certainly during that show. >> yeah. jenna: there is a joint statement released by entergy, new orleans, the power provider to the stadium superdome, the superdome operator. could you translate this for us this is jar most don't understand. a piece of equipment designed to monitor electrical load sensed an be a normality in the system. wins the issue was detected the sensing equipment operated as designed and opened a breaker causing power to be partially cut. what does
are telling doctors it is time to warn young patients about dangers found in energy drinks. pediatricians estimate 35% of american teens and adolescents drink the caffeinated beverages. the drinks are not fda regulated can cause palpitations, insomnia and anxiety and more dangerous for college students who mix alcohol. >> what about energy strips you like so much? >> energy strips are fine. >> wondering. sunny is addicted to the things you put on your tongue. >> i will show everyone. >> little crack headish. >> you need energy strips for this shift. >> okay. all right. >> i don't drink coffee. i need the energy strips. >> crackish. crackish. in other news, two major beer come pans will not be toasting their big merger just yechlt t.e trying to block the deal between budweiser and the mexican company that owns corona. regulators are worried the deal would lead to higher beer prices and limited competition. >>> from beer to wine now, when it comes to the grape, the french are taking a back seat to the u.s. a new study find americans are now the largest consumers of wine in the whole wide wo
to energy, and help mike do manly things, like wrestle bears and take out the garbage. one a day vitacraves for men. [ female announcer ] for everything your face has to face. face it with puffs ultra soft & strong. puffs has soft, air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. face every day i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >>> yesterday i gave you a big speech about buying the pullbacks. you've got to be there. even though every time an actual pullback arrives, your first instinct is to sell, possibly to panic. in this forgiving market, though, you need to resist that urge and start putting your money to work. take this dip in hain celestial, down 2.3% off a quarter seen not good enough. hain is a host of brands, eart
abundant and affordable energy. reduce the regulatory burden. these are solid proposals. >> greta: how do you do it? >> they are contrary to what president obama wants to do. ffordable energy, president obama said as a candidate what we need to do because his cap and trade policies, electricity rates would skyrocket. his energy secretary, we need gasoline prices to the level of europe. so what his jobs council was proposing runs contrary what president obama's ideology. if you are going to make america attractive for business expansion you don't increase taxes. you don't continue with this $1.75 trillion regulatory burden on our economy. that is number that largest in the world. that is what we burden our businesses with each and every year. president obama has done nothing but increase the regulatory burden. >> greta: i like politicians reach out to people with particular expertise to solve problems. but to form committees to look good and this one did not seem active committee. if it was active it didn't do well because the economy shrunk in the last quarter. where do we stand now? what
address energy and climate change. >> i was impressed in the discussion we had relative to climate change, and i mean this sincerely, mr. president, i could have been sitting in a private meeting with president obama. he would say it in english, not french, but he said the same thing. the president pointed out there's an obligation here that extends way beyond these administrations. >> biden says secretary of state john kerry will meet with the french foreign minister on the issue. some europeans have cheered kerry's confirmation that shows the united states is ready to affect climate change. the president promised to responsible to the threat of climate change but provided few specifics how. it's unlikely a large cap and trade will leave congress, leaving the president with the option of denying a canadian company's permit to build the keystone pipeline through the united states. the state department now under kerry's leadership has yet to approve or disease nye that pipeline's construction. >> want to battle climate change? think spring break. you heard me correctly. a new study out say
from @trimprobrandon. what's the deal with k key energy. i'm fresh out of energy and trying to diversify with an oil that has a great peg rate. here's the problem with key. it's one of the largest service companies that are out there. for oil service. hate as lot of natural gas and the natural gas drill has been cut dramatically in this country. once natural gas prices go up, key goes up. on the anti-fracking stories i understand the companies are using waste water to pump the fracking fluid with. you can imagine waste water how is the epa going to fight that? apparently the waste water is cleaner when it is done. that's a story that involves heckman. that's a waste water company if you want to go into a service company with more risk, but certainly more reward. now, he's another tweet fr from @jg, it says can we tip a toe into petri bra yet? i had to reflect on the fact that pbr is my favorite beer. i like it on draft, i like it in cans. pbr is a stock, it's at 16. it has been horrendous. it seemingly goes down week after week. yet it still has a $100 billion market cap. if
you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >>> welcome back to "mad money" special earnings season companion show. how not to be overwhelmed by earnings reports and to put them into perspective so you can profit from them in an informed and confident way to make money at home. we just went over how i like to use the earnings reports themselves to figure out the growth rate. late after the stock price to figure out if it's too expensive and too cheap against the sector and the rest of the market. the next way i use the earnings report, though, is equally as important. in some ways because of what i call the etf-ization of the market, even more important than the growth rate versus the price of the stock and its earnings per share. i measure the stock's earnings growth and quality of earnings growth against the cohort and then i figure out whether, here it is, the whole cohort is worth owning or forgetting about. wow. that's right. for most of my more than three decades of investing, i've accepted the fact that the sector
to recycle their grease. >> our bill will promote the use of alternative energy. >> the fact it was coming from kids made it hit home a lot harder. the child shall lead them sort of thing. >> she set the example for the town. and it's great that westerly has a person we could be very proud of and tell the rest of the country, hey, look what we're doing on the shore. >> if everyone just gave a little something back and took a little time out of their day to do something for others, the world would be a better place. >> the world is already better because cassandra lynn is in it. i can say that, 14 years old, how do you like that? we love our heroes at cnn. and if you know somebody who is making a big difference in your community, somebody like cassandra, tell us about them. come on. they need some props. cnnheroes.com is the place to go. you can help us to shine a spotlight on their deserving work. and guess what? there's an added bonus. it can help them to do even more of the good they're doing. go to cnnheroes.com and nominate a 2013 cnn hero today. you'll feel better. from a mi. while go
at had hour. >>> energy new orleans, the company that powers the superdome in new orleans is now taking the blame for the super bowl blackout. today the company says a switching gear device malfunctioned causing the lights in the stadium to go out for 34 minutes. that device had been installed to prevent a failure in electric cables leading to the stadium. the company said it worked fine during the sugar bowl in january and at other events. the device has been removed and it's being replaced. >>> the intense manhunt in southern california has now expanded to mexico. christopher dorner is the fired lapd officer suspected of killing three people, including a veteran police officer in a vengeful shooting rampage. right now police are also searching a snowy mountain area outside of l.a. where his burned out pickup truck was found yesterday. police will continue to concentrate on that hilltop until dorner is found or there's evidence that he has left the area of the we'll have much more on this developing story in the next half hour, including details of a manifesto that dorner allegedly wro
pads, and, you know, technology devices. not in things like education and energy and that's the only sign of inflation. but to joe's point, i think the fed can back off on what they've said if in fact we've seen them pull back. they can walk away from the 6.5% unemployment target and wind down quantitative easing in a much more rapid pace. i think that's a step in the right direction, so it doesn't have to be a train wreck. this could be a gradual pullback of easing where interest rates start going up in the first part of 2014. >> we've been talking about pulling this band aid off for so long. carl, it's like housing, though. schiller wrote a piece in the journal, they said it lasted five years. that was painful. but boy, when it reversed, it was more painful than that time with which you're waiting for it to happen. >> joe, art, thanks, guys. good stuff. >> thank you. >> trading debut here at the nyse today. becoming the largest ipo from a u.s. company since facebook. shares of zoetis is trading at $26 apiece. it's the only way to play it in a pure way, because the other animal medicine
in the energy markets today amid growing tensions in the middle east. yesterday, israel hinted that its air force may have been behind the air strike. on a missile site in syria in order tody stroi weapons it believes were headed for lebanon. you can see right now, crude oil prices down by about 11%. 96.85. and, steve, i'll send it over to you. >> we'll talk to boeing about compensation for the grounding of the dreamliner. it estimates it will cost nearly $8el million through tend of march. barclay's finance director chris lucas and the bank's top legal expert are set to retire. the departures add to change at the top as the financial giant struggles to put disasters behind it. resimple in moment will officially become blackberry today. the rim name doesn't completely disappear until shareholders approve the change at the annual meeting which usually takes place in july, andrew. >> if you went to sleep after halftime at the super bowl last night, you missed a lot and i mean a lot because i thought this game was kind of over. >> that's why you went to bed? >> i didn't go to bed. i stayed up.
beaten down over the last couple of years. this is tech, this is energy, this is big cap, industrials, these are stocks that have basically been -- that have gotten cheaper over the last couple of years, around fears of a global recession, around fears that the rest of the world isn't as strong as the u.s. today, i think that it's time to really reverse that trade and go back into some of the more globally geared gdp sensitive stocks that are cheap, they're underowned, and it looks like the global economy could actually outpace the u.s. this year, and for the next couple of years. >> savita we talked to a bunch of strategists this year who are, i would say, aggressive to -- i mean, mixed in terms of their defensive nature regarding sector allocation, that they might step on the accelerator later on in the year once we get past some of the d.c. deadlines and go more cyclical, go more economically sensitive. would your advice be to err on the side of aggressive? >> i think it's -- there's no better time to do it than now. the reason is that, you know, i think the market looks through a
. the ceo of energy company nrg is going to join us with more. no power problems here as we fire up the lights on the "squawk" set and get ready to make you money. the second hour of "squawk box" starts right now. ♪ >>> good morning, everybody. i'm becky quick along with andrew ross sorkin and steve liesman. joe is off this week. get this, yesterday was the worst performance for the markets since 2013 began. this morning the futures are pointing to a big rebound in the markets. you can see right now the dow futures up by 93 points. s&p futures up by more than nine points. yesterday, they gave back about 129 points for the dow. so at this point it looks like we are starting to see some sort of a big rebound, maybe taking back all that ground it lost yesterday. the dow, in fact, starting off this week as we mentioned with big sell-off. there were renewed concerns out there about europe and some profit taking, as well. the dow actually finishing below that key 14,000 level yesterday. mutual fund pioneer jack bogle spoke with us yesterday on the program and he said individual investor
. >> there is a box between the superdome and facebook -- i mean, facebook, there you go -- superdome and energy. unfortunately the nfl has people who are very good engineers who were able to get the two sides to work, and that's why it came back. >> goodell also said, don't count new orleans out. >> coin star is down by 6.5%. earnings came in. they disappointed. the takeaway that a lot of analysts on the street this morning are making is that they are losing more share to netflix. they got a video streaming service, still in the beta stages. that's not going to help them right now. it's on the way. on the way may be too late. we're seeing shares under pressure. >> headwinds there, obviously, from the -- there's a couple of things, the dvd comps continue to show. netflix did pick up 2 million people. they came from somewhere. i think that this is a story where they try to put the best face possible on it. i don't think they succeeded. >> yeah. >> google, quit note here from morgan stanley, adding it to the best ideas list. target goes to 932. youtube, the most underappreciated, a sliver of the t
a constant supply of clean energy. the things we build share one belief. that the world's biggest challenges deserve even bigger soluons. powerful answers. verizon. [ kimi ] atti d i had always called oregon home. until i got a job in the big apple. becoming a fulltime indoor cat wasn't easy for atti. but he had purina cat chow indoor. he absolutely loved it. and i knew he was getting everything he needed to stay healthy indoors. and after a couple of weeks, i knew we were finally home! [ female announcer ] purina cat chow indoor. and for a delicious way to help maintain a healthy weight try new purina cat chow healthy weight. >> heather: welcome back. it's the bottom of the hour. that means it's time for the top of the news, and a hostage standoff in alabama now in it's fifth day. that is where a man is holding a 5-year-old boy hostage in an underground bunker. police are using a ventilation pipe to communicate with the suspect and they're urging the man to surrender. >>> new details on the suspect behind yesterday's terror attack on the u.s. embassy
he had some momentum, a lot of momentum, and he knew that his players were losing that energy they had. he was not happy about it. >> no, he wasn't. and for good reason, as soon as the lights came on, the game came back, colin kaepernick and the 49ers got themselves back into this game. they made it a game. no one could give john harbaugh the answer as to what he needed. at this hour, we don't know, the investigation is still underway as to why we had a partial power failure at the louisiana superdome, not only included lights inside but outside as well. it was concentrated on the dome property, it wasn't necessarily in the neighborhood here, but it is something that's continued to be investigated at this hour, there's no answers as to why it went down. >> well, that's what they say. i would imagine that's initial reports. they could be right, but i think still, there's some time between now and tomorrow and before this entire investigation plays out. mark mckay, stand by, i'm sure we're going to need you, we're not sure what time we're going to go off the air tonight. you're
. it the -- the energy situation is tempered by one thing, the white house, so many of the key stone pipeline, there is the president's true colors, there shows there may be no fossil future blessing for everything. i don't want to detract from the optimism all over the place. the hope that is republican party starts talking business. then there is a chance, they don't feel post-fiscal cliff, they don't feel washington is the enemy anywhere. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the all-new cadillac ats -- 2013 north american car of the year. ♪ for a limited time, take advantage of this exceptional offer on the all-new cadillac ats.
out the latest in energy and metals. sharon? >> jim, several traders telling me thr egetting out of their long positions this morning, looking at the supply issues here in the u.s. two factors contributing to the fact that we're looking at a dollar slide here in the u.s. oil prices, just above $95 a barrel. one of them is the bearish data we got on inventories from the american petroleum institute last night. another factor is that supply glut we continue to have in the midwest. it's likely to remain there a bit longer. the largest refinery in the midwest, bp refinery is not likely to restart its key crude unit until the middle of this year. that was a surprise to the market place, contributing to the slide. we're looking at a slight decline in brent crude prices as well, backing off a 4.5-month high. there have been productions issues in the north sea but they pale in comparison to what we're seeing here in the u.s. the supply concerns here are the big reason we're looking at the differential between brent crude and wti crude prices, above $20. highest price differential of 2013
to them, citizens energy is able to deliver millions of gallons of fuel to families just like the berios. i'm joe kennedy. if you need help staying warm, call me at 1-877-joe-4-oil. because no one should be left out in the cold! >>> few military fields are a higher priority or faster moving than electronic warfare which senior pentagon leaders see as the key to defending networks core to america's war fighting capability. while ew loss policemen nancy after the cold war he returned to the limelight defending troops in iraq and afghanistan. advances by russia and china have spurred an ew renaissance that culminated with efforts to merge ew and cyber given the close relationship between the two when with good reason the u.s. military depends on massive net with for operations and logistics. as in our personal lives the ability to communicate 24/7 has made people dependent on electronic capabilities. the challenge is how best to protect these net with and continue operations if they're ever jammed or destroyed by enemies. our panel discussion made known the importance of these but also high
carefully before investing. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go. ♪ >> schieffer: we're back with the commissioner of football, roger goodell, our cbs broadcast team. do you think football is going to be around? i know there was one player who said the other day he didn't know if football would still be here in 30 years. we do know sport come and go. when i was a kid the big sports were baseball and boxing. and you don't hear much-- boxing is still around but it's not where it was in those days. will football be here? >> absolutely. i couldn't be more optimistic about it because the game of football has always evolved, through the through the decadees, we've always made changes to our game, to make it safer, to make it more exciting, to make it a b
on a local level. you are not going to hurt education. energy is produced by mostly by the private sector. only time isn't is when the federal government gives places like solyndra. i don't know you hurt anything by hurting education or by energy. i frankly think what you are going to see right now is a lot of republican wills and even democrats say let's stop all this craziness and sit down and come up with a plan. they had a plan two years ago. the president's bipartisan commission came up with a deficit reduction plan. i think we're back to ground zero again. but it doesn't feel like it this time. i don't know why. i think frankly it's going to happen. >> got about five seconds. final words. >> more government in business than you like to admit. >> we will see. unfortunately it's not too far from now where we will see. we'll be right back. thank you, gentleman. ♪ ♪ i'm halfway to your heart ♪ you have to let me know ♪ so i don't make my worst mistake ♪ ♪ turn around and let you go [ female announcer ] when sweet and salty come together, the taste is irresistible. made with
. beyonce, her half-time show, killed it, absorbed all the energy. >> reporter: oh, yeah. about that beyonce, singing live as promised, she lit up the superdome with all her single ladies and the destiny's child reunion many were hoping for. on this night, beyonce left the national anthem to fellow diva alicia keys. ♪ o say can you see >> reporter: while jennifer hudson joined the choir from sandy hook elementary with emotional rendition of "america the beautiful." at the end of the night, though, it was the ravens who were the better team with older brother, john harbaugh, besting his younger brother, jim. >> it's never pretty. it's never perfect, but it is us. >> reporter: their parents celebrating a bittersweet victory and players soaking up a tough win in the big easy. >> amazing. phenomenal. listen to them! baltimore, we're champions! >> reporter: here is the deal, guys, as far as the blackout goes. it lasted about 34 minutes. i got a chance to walk around a little bit. nobody panicked. nobody was overly concerned. nobody rushed the field. for the most part everybody was calm. there w
the way it is right now. the next time someone gets carted off with an energy, they will say, there you go, we have to change the sport. it is the same sort of thing. you know what, whatever it is, they have set us up. stuart: that is the point. it is a set up in terms of future policy. a football injury, well, we told you about this months ago. you are setting up and event which is your side of the political fence. charles: it ultimately will happen. we have had storms for a long time in this world. >> they do not want information buried in the debate. that is what is really ruining it. dagen and connell, it is yours. dagen: im dagen mcdowell speak. i am connell mcshane. today, we have the numbers. dagen: attorney eric holder will be coming up next. connell: immigration reform. topic number one at the white house this morning. we have lou dobbs here to talk to us about it. dagen: the billions of dollars in time and fuel being wasted because we are stuck in traffic. connell: at the top of the hour, let's go to nicole petallides. a big day for dell. nicole: a big day indeed. right now, you
. >> the santa clara valley transportation has approved the purchase of 29 clean energy buses. they will replace older transit buses. the buses will be powered by hybrid diesel technology with much lower emission than regular diesel. in addition 25% better fuel economy, feature less space and be equipped with, yes, free 4g wi-fi access. >>> let's bring in our chief meteorologist 0 jeff ranieri to match the mood of the bay area, rain in a lot of places today, everyone is somber about the niners. >> monday letdown. everybody is dragging their feet. we have some weather in here the next couple of days that may put a little extra kick this your step. our numbers are all over the board. you go down to san rafel and you had 62. the fog hung in through the midday hours. 65 in livermore and then just go off the north of concord and temperatures in the upper 50s. you have 54 and 66 in los gatos. some spots had a last minute sprint. we got that sunshine. san rafael at 53 and then at 2:00 nine degree temperature m jump in one hour as you pop up to 62 degrees at 2:00 p.m. currently numbers cool off to the
on an alternative to sequester, the benefits of some other proposals we have not talked about on energy? i have seen on the news how energy prices are going through the roof again. what are the benefits of the in the weeds discussions we do on energy production? we have to do a better job, and eric cantor is going to try to broaden the discussion on those areas. host: john, texas, republican. welcome to the conversation. caller: good morning, congressman. it is really simple -- medicaid , we are spending over $400 billion a year on that program alone. the government has said they want to keep government out of the bedroom. i am not talking about nursing home people, but all the others having one, 2, 3, 4, five children and we are picking up the costs. that is one area we can tackle. my mother is 85 years old and paste a $100 deductible -- pays a $100 deductible. why can't we not force people on medicaid to pay a premium? if they cannot afford it, they should not be in the bedroom. cut food stamps and the child tax credit. that is a start. guest: or are a number of good ideas, let's take the one on m
.s. energy administration american households spent about $3,000 on gas last year which works out before taxes about 4% of a household's income. in san jose, kris sanchez, nbc bay area news. >>> comments about traffic in los angeles, turns out traffic here in the bay area is just as bad. tonight a new study reveals our dubious link with southern california. res researchers say we have the second worst traffic congestion in the nation. experts say there's no fix. a live look at our evening commute. it doesn't look so bad. let's bring in bay area's marianne favro with the details. >> reporter: whether you watch here in oakland or here in fremont, you are part of the second worst commute in the nation when it comes to hours spent waiting in traffic. a new report from the texas a&m transportation institute says only washington, d.c., drivers spend more time waiting in traffic. the study found in 2011 you spent on average 61 hours sitting in your traffic. want to put a price tag on that wasted gas and time? the institute says on average we lost $818 in a year because of those delays. then the
. they are jealous how well waste management is doing with the fuel. it is a 2016 proposition for them. the energy situation is tempered by one thing, the intransigent white house, so many of the keystone pipeline, there is the president's true colors, there shows there may be no fossil fuel blessing for everything. i don't want to detract from the optimism all over the place. the hope is that republican party starts talking business. then there is a chance, they don't feel post-fiscal cliff, that washington is the enemy anymore.
on the energy complex, brent crude, looking at brent like it wants to get above that $118 level, 4 1/2-month high now, continue to watch what is happening with iran and the fact that iran has backed away from earlier this week saying it may consider having direct talks with the u.s. that reintroduces the risk premium into the oil market. we are also keeping our eye on saudi production. the latest figures seem to show that saudi production is around 9 million barrels per day in january, the same as december, but that is stale reduction from what we have seen and it is the lowest level we have seen in about a year and a half that is also supportive of brent crude prices. keep your eye as well on gold. gold continues to follow the euro lower. back to you, david r >> thanks very much, sharon epperson. >>> yesterday, of course, talking about two large deals, the leveraged buy out-of-dell and liberty global's plan to buy virgin media. jim had brought up at the time as well, hey, signs of confidence, certainly it is that. it is also a sign of cheap money and something that is worth revisiting as we
. energy secretary stephan chu is stepping down from his post. is he coming off a rocky first term. highly criticized for 528-million-dollar loan to solyndra the now bankrupt solar panel company. he will stay on until his replacement is named. here is clayton. >>, thank you, mike. getting a spin off. just for conservatives. right wing posters say they were sick of quote liberal censorship on facebook. starting their own site called the tea party community. and officially launches today but, get. this they already have 100,000 members and they haven't even launched yet. so the co-founder ken crow joins me live this morning. good morning, ken. >> good morning clayton from south florida. how are you today. >> i'm final. >> tell me how in the world 100,000 members already and you haven't even launched yet? >> well, i believe clayton we have to thank our friend, mr. zuckerburg for that. he was very instrumental in helping us out. >> meaning mark zuckerberg the founder of facebook because you have had a lot of criticism there has been a lot of censorship, you say, happening against you and other
, christy whitman did this in the clinton years. she tried to create some of that energy. we're told marco rubio will be more of a traditional by himself with a camera. there's a downside if he bombs. but this is a rising star in the republican party and they think he's a perfect choice at this moment. you mentioned 2016, trust me, the leaders boehner and mcconnell are more worried about 2016. >> it's the beginning of a rebuilding process and, look, republicans have a crisis in that community. if marco rubio can help them, this will be a first step. >> thanks very much. >> you bet. >>> chris christie responding to a report. he's not happy about what a former white house physician told him about his weight. you're going to hear his angry outburst coming up. >>> and president obama makes an unusual choice for a cabinet. why an outdoor outfitting company will soon be part of the obama administration. whoa ! looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. a
an energy department battery expert. u.s. manufacturing activity grew at a faster pace us month. the institute for supply management says the index of manufacturing activity jumped to a better than expected leading of 531. any reading over 50 signals expansion. and you are getting up bell went the old sales line, only this time it could be from a private company. rumors that dell could announce a deal to go private monday. driving share prices of more than 3 percent today. as the latest from the fox business network, giving you the power to prosper. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. ♪ david: advertising and internet products on tv is always a tough sell, except for our next
in an while. >> that's right the energy, the focus, the execution. we would like to photocopy that and have it repeated today. >> you're getting closer. are you getting more excited, jim? it's a big game and i know you said fog's better and worse than games. as you get closer, do you get more amped for it? >> probably. but you know, i'm enjoying every minute. enthusiastic about every minute. have been today and probably will be tomorrow. >> do you get better in this game or you get worse. are you getting better now? >> i believe so. the extra weeks of practice i know have helped our team that is out there playing and guys that are practicing. there's documented evidence of that. i don't believe too much in momentum but i do believe in improvement. that will lead to success. i think we're seeing that. >> you were probably busy yesterday but jack and jackie stole the show. they held a press conference. did you hear anything about it? >> yeah, i heard that they were awesome. looking forward to seeing it when we get a minute. >> yeah, it's been all harbaugh all the time at the super bowl and mo
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